3 Common Information is used for questions 1-6. Roy Kent Company has established standards as follows: Standard Quantity Standard Price Standard on Hours or Rate Cost Direct material 2 feet $10 per foot 520 per unit Direct labor 0.8 hours $20 per hour S16 per unit Variablo overhead 0.8 hours SS per hour S4 per unit Actual production figures for the past year were as follows: Units produced 8,000 Direct materials used 17,000 feet Direct material purchased 19,000 foct at a total cost of $174.800 Direct labor cost 6,800 hours worked at a total cost of $142,800 Variable overhead cost $30,000 Variable overhead is assigned based on direct labor hours. The direct labor rate variance is: None of the other answers are available $14,800 favorable $14,800 unfavorable $6,800 unfavorable $6,800 favorable